General Electric has formed a $250 million fund to invest in healthcare technology companies. It's called the GE Healthymagination Fund, which aligns with the company's Healthymagination initiative
3 min read · 22 October 2009
Global Infrastructure Partners has agreed to acquire London Gatwick Airport from BAA Airports Ltd., for approximately £1,46 billion.
2 min read · 22 October 2009
1 min read · 22 October 2009
Vicente Capital Partners has made an equity investment in U.S. Dermatology Medical Management Inc., an Irvine, Calif.-based provider of healthcare services for skin cancer treatment and other medical dermatological conditions. No financial terms were disclosed.
2 min read · 22 October 2009
Vertex Capital Management has acquired skin care products maker Cosmedicine. No financial terms were disclosed. Cosmedicine will change its name to Costru Company LLC.
2 min read · 22 October 2009
Stanford Management Co., investment manager for the Stanford University endowment, confirmed that it is considering a secondary sale of up to $1 billion of its private equity portfolio (plus related unfunded portions, pro rata). As peHUB previously reported, Stanford does not plan to sell majority stakes in its partnerships, but rather minority positions that would enable it to maintain relationships with its general partners. Cogent Partners is managing the process, although is not identified by name in the Stanford statement.
2 min read · 22 October 2009
XOJet Inc., a private aviation company sponsored by TPG Capital, has secured $470 million in new funding. This includes $100 million in equity and a $370 million debt facility. TPG and Abu Dhabi-based Aabar co-led the deal. Last year, XOJet secured $2.5 billion in new financing to expand its fleet and better compete with rival NetJets (including approx. $85 million in new equity).
3 min read · 22 October 2009
1 min read · 22 October 2009
1 min read · 22 October 2009
1 min read · 22 October 2009
